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Stock impact report

Direct Digital Holdings Reports Q4 & Full-Year 2023 Results [Yahoo! Finance]

Direct Digital Holdings, Inc. (DRCT) 
Company Research Source: Yahoo! Finance
Full-Year 2023 Net Income of $2.0 million ; Adjusted EBITDA Up 11% Year-Over-Year to $11.3 Million Company Issues Full-Year 2024 Revenue Guidance of $170 Million – $190 Million HOUSTON March 26, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Orange142, LLC ("Orange 142") and Huddled Masses LLC ("Huddled Masses"), today announced financial results for the fourth quarter and fiscal year ended December 31, 2023 Mark D. Walker , Chairman and Chief Executive Officer, commented, "2023 was another transformational year for Direct Digital Holdings, achieving remarkable year-over-year revenue growth of 76% as well as dramatic operational expansion, and impressive results for our shareholders. Although performance in the fourth quarter was not as strong as we initially expected due to proactive measu Show less Read more
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